Sangsangin Industry Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 03:15 am EST
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Sangsangin Industry Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KRW 1.7 million compared to KRW 21.36 million a year ago. Net loss was KRW 3,273.54 million compared to KRW 443.71 million a year ago. Basic loss per share from continuing operations was KRW 184 compared to KRW 24 a year ago. Diluted loss per share from continuing operations was KRW 176 compared to KRW 32 a year ago. Basic loss per share was KRW 184 compared to KRW 24 a year ago. Diluted loss per share was KRW 176 compared to KRW 32 a year ago.
For the nine months, sales was KRW 7.85 million compared to KRW 69.04 million a year ago. Net loss was KRW 5,605.36 million compared to KRW 328.24 million a year ago. Basic loss per share from continuing operations was KRW 312 compared to KRW 20 a year ago. Diluted loss per share from continuing operations was KRW 348 compared to KRW 24 a year ago. Basic loss per share was KRW 312 compared to KRW 20 a year ago. Diluted loss per share was KRW 348 compared to KRW 24 a year ago.
Sangsangin Industry Co., Ltd., formerly Dongnam Marine Crane Co., Ltd., is a company engaged in the manufacturing and distribution of ship cranes. Along with subsidiaries, the Company operates its business through two segments. The Shipbuilding Equipment Business segment is engaged in the production and sale of marine cranes, offshore cranes, deck machineries, material handling equipments, engine casings and funnels. The Industrial Plant Business segment is involved in the manufacturing and sale of continuous ship unloaders (CSUs).
SANGSANGIN INDUSTRY CO., LTD. 